Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand

Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24. Tether Announces Change to Community-Driven … Read more

Bernstein Predicts Lukewarm Demand for US Spot Ethereum ETFs

Market strategists from the brokerage firm Bernstein stated on Monday that U.S. spot ethereum exchange-traded funds (ETFs) might not attract the same demand as their bitcoin counterparts did this year. Analysts from the financial firm pointed out that the absence of staking could be a drawback, resulting in less spot conversion. Bernstein Analysts Highlight Tokenization … Read more

Ethereum Spot ETFs: SEC’s Releases Important Comments That Hints At Trading Resumption

The United States Securities and Exchange Commission (SEC) has released important comments on Ethereum Spot ETFs S-1 forms, hinting at a possibility for trading resumption. At this crucial period, tokenized ETF providers, like ETFSwap (ETFS), are witnessing a significant rise in adoption as investors’ hype for Ethereum Spot ETFs remains strong in the crypto market.   … Read more

Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals

According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. Bybit Climbs Crypto Exchange Ladder The report … Read more